My previous lawyer has given a fee estimate £1200 for no completion no fee conveyancing in Stilton. I am selling a purpose built property for £150,000. This seems expensive. Is it in excess of what I should be paying for conveyancing in Stilton?
The estimate does seem marginally steep. If you shop around you might shave off some of the expense by as much as a hundred pounds. On the other hand, you maycome to rue opting for an an unknown conveyancer. Don't forget to ensure that the solicitor can represent your bank. Do make use of our comparison tool to get a quote a Stilton conveyancing company on the banks member panel which can often include conveyancing solicitors in Stilton.
Due to the input of my in-laws I had a survey completed on a property in Stilton prior to appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some lenders may refuse to give a loan on this type of home.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stilton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stilton to see if the conveyancing costs will increase in light of this.
Do I need to be concerned about estate agents that I am dealing with are suggesting an internet conveyancing firm rather than a High Street Stilton conveyancing firm?
As with lots of professional services, often input from connections can be very helpful. Nevertheless there are numerous players in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may recommend solicitors to choose. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there might be a commercial relationship behind the recommendation. You are free to choose your preferred conveyancer. Don't forget that many banks operate an approved list of law firms you have to use for the lender aspect of your house move.
What advice can you give us when it comes to finding a Stilton conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Stilton conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you talk with several firms including non Stilton conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be useful:
What volume of lease extensions have they carried out in Stilton in the last twenty four months? Can they put you in touch with clients in Stilton who can give a testimonial?
Stilton Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying
Most Stilton leasehold properties will have a service charge for maintenance of the building levied by the management company. If you buy the flat you will have to meet this charge, normally in instalments accross the year. This can differ from a few hundred pounds to thousands of pounds for large purpose-built blocks. In all likelihood there will be a rentcharge to be met annual, ordinarily this is not a significant figure, say approximately £50-£100 but you should to enquire it because on occasion it can be many hundreds of pounds. Who are the managing agents? Its a good idea to find out as much as you can regarding the company managing the building as they will impact your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to day to day issues like the upkeep of the communal areas. Don't be afraid to ask other people whether they are happy with them. On a final note, find out the dates that the maintenance charges are due to the appropriate party and precisely what you get for your money.
Can I discover who is the owner of a property in Stilton?
Provided the property is recorded at HMLR, and you have requisite specifics of the address of the property, you will be able to see results from the the Land Registry of the registered owner for a fee.